UK groups with Xero entities across multiple jurisdictions — spanning GBP, EUR, USD, AUD, and other currencies — need a consolidation layer that handles multi-currency, multi-entity reporting in a single run. BrizoConsol consolidates your entire group automatically under FRS 102 or IFRS.
Xero works well inside each organisation. The problem is what happens when you need to see across all of them. Without a consolidation tool, every group reporting cycle looks the same.
Each Xero organisation requires a separate login session. Switching between them repeatedly breaks flow and creates risk of error.
~15 min per entityExport a Trial Balance from each Xero organisation (Reports → Accounting). Each organisation has its own chart of accounts — column layouts and account names differ across organisations, requiring manual remapping.
~20 min per entityEach Xero organisation has its own chart of accounts. You build (and rebuild) a mapping spreadsheet to standardise them across the group.
1–2 hrs — rebuilds every quarterLook up exchange rates, apply closing vs average rate logic, build the currency translation calculation — for every entity in a foreign currency.
30–60 min per foreign entityCross-reference intercompany invoices, loans, and transfers across companies. Build manual elimination entries. Reconcile both sides.
Half a day — every periodSum the adjusted figures across entities. Format the statements. Fix the errors the spreadsheet quietly introduced. Send to the board.
1–2 days of senior timeWhether your companies share a holding entity, operate as independent brands, or span multiple countries — BrizoConsol handles the group structure as it actually exists.
A parent company owns and controls one or more Xero subsidiaries. BrizoConsol consolidates all entities under the group — including partial ownership with automatic NCI calculation.
Each country or region runs its own Xero organisation in its local currency. BrizoConsol consolidates all regional entities into one group view with full currency translation applied automatically.
Each brand trades through its own company with its own Xero organisation. BrizoConsol produces a consolidated group view and lets you slice the data by brand using Virtual Groups.
Some entities use Xero; others use MYOB, QuickBooks, or Zoho Books. BrizoConsol connects to each platform independently and consolidates all entities together — no system is excluded from the group.
A management company or shared services entity charges fees to operating subsidiaries. BrizoConsol eliminates these intercompany charges automatically and lets you view net performance at group level.
You own less than 100% of one or more subsidiaries. BrizoConsol calculates non-controlling interest (NCI) automatically, splitting net profit and equity between group and minority interest in the consolidated statements.
No implementation project. No data migration. Most groups have their first consolidated group report within the same day.
From Organisation Settings, authorise each Xero organisation through Xero's OAuth screen. One authorisation per organisation — BrizoConsol never stores your Xero credentials. Access is read-only; your Xero data is never modified.
~5 min per companyBrizoConsol's AI Auto-Map reads each Xero organisation's chart of accounts and suggests mappings to your group reporting structure. Review and confirm — you don't need identical account codes across companies. Each company can keep its own chart of accounts.
AI-assisted · Under 30 min for most groupsEnter each company's ownership percentage, base currency, and fiscal year. For partially owned subsidiaries, BrizoConsol uses the ownership percentage to calculate non-controlling interest automatically.
One-time setupBrizoConsol pulls data from every connected Xero organisation, applies eliminations, translates currencies, and produces your consolidated group P&L, Balance Sheet, and Cash Flow. From this point, data syncs nightly — your group view stays current automatically.
Reports available same dayEvery group has a wrinkle. Here is how BrizoConsol handles the ones that come up most often.
BrizoConsol is built for groups of all sizes. Whether you're consolidating two Xero organisations for the first time, or managing a complex group with dozens of entities across multiple countries and platforms, the consolidation process scales without additional configuration.
All plans include unlimited users. Entity limits vary by plan.
Xero is one of the most widely used accounting platforms in the UK — making it the natural choice for UK multi-entity groups with subsidiaries in Australia, New Zealand, the US, and beyond. BrizoConsol consolidates all Xero entities and any other platforms used regionally into a single FRS 102-compliant group view — GBP, AUD, NZD, EUR, USD all translated under FRS 102 Section 30 automatically.
UK groups with Xero entities in Australia and New Zealand consolidate GBP, AUD, and NZD under FRS 102 Section 30. BrizoConsol applies closing and average rates automatically each period, eliminates intercompany balances, and produces a single GBP-based consolidated view.
UK groups with Xero-based entities in the EU and US span GBP, EUR, and USD. BrizoConsol consolidates all three currencies under FRS 102 Section 30 — closing and average rates applied automatically — with full intercompany elimination and NCI attribution each period.
Xero uses one organisation per entity — UK groups with five Xero entities manage five separate Xero organisations with no native consolidated view. BrizoConsol connects to each Xero organisation via OAuth and consolidates all of them, applying FRS 102-compliant currency translation and intercompany eliminations automatically.
UK groups with Xero in some entities and MYOB (Australian subsidiaries) or QuickBooks (US entities) in others can consolidate all platforms in BrizoConsol simultaneously. Each entity connects independently — the group consolidation runs across all accounting systems in one view.
UK groups preparing consolidated financial statements must comply with FRS 102 Section 9 Consolidated and Separate Financial Statements under the Companies Act 2006. Listed companies on AIM or the LSE follow IFRS 10. BrizoConsol automates FRS 102-compliant consolidation for Xero groups across the UK — including intercompany eliminations, GBP-based currency translation under FRS 102 Section 30, and NCI attribution.
FRS 102 Section 9 requires a UK parent entity to consolidate all subsidiaries it controls under the Companies Act 2006. BrizoConsol applies FRS 102 Section 9-compliant consolidation logic — including full intercompany elimination and NCI — across all connected Xero entities automatically each period your companies close.
UK groups with foreign subsidiaries — in the EU (EUR), Australia (AUD), the US (USD), or Asia — apply FRS 102 Section 30 for currency translation. BrizoConsol translates each foreign entity at closing rates (Balance Sheet) and average rates (P&L), calculates the translation reserve, and includes it in equity — automatically each period.
UK parent companies must file consolidated financial statements with Companies House under the Companies Act 2006. The Financial Reporting Council (FRC) sets UK accounting standards. BrizoConsol produces audit-ready consolidated statements with a full elimination audit trail, ready for your auditors and Companies House submission.
UK-headquartered groups typically span entities in the EU (EUR), Australia (AUD), the US (USD), Asia, and the Middle East — each requiring GBP translation under FRS 102 Section 30. Many use Xero in their UK holding entity alongside other platforms regionally. BrizoConsol consolidates GBP, EUR, USD, AUD, AED, and other currencies in a single run automatically.